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SoundHound Stock Surges on New Bullish Rating
SOUNSoundHound AI(SOUN) Schaeffers Investment Research·2025-05-27 22:38

Artificial intelligence (AI) stock SoundHound AI Inc (NASDAQ:SOUN) was last seen up 10% at 10.54,afterPiperSandlerinitiatedcoveragewithan"overweight"ratingand10.54, after Piper Sandler initiated coverage with an "overweight" rating and 12 price target. The firm sees substantial growth potential for the stock, noting expansion opportunities within the next few years. Since the start of the year, SoundHound stock has lost 46.7%, though it has been chopping higher since its early-April lows and just bounced off newfound support at the 40-day moving average. Should these gai ...